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MarketsOhioTiffinRent Analysis

Rent Analysis: Tiffin, OH

Updated 2026 · Based on median market data for Tiffin, OH

Cap Rate
2.44%
Median Price
$165K
Rent/Mo
$710
1% Rule
0.43%
Fails

Rent Overview

The median monthly rent in Tiffin, OH is $710, translating to $8,520 in annual gross rental income per unit. The rent-to-price ratio is 0.43% — well below the 1% rule, making pure cash flow investing challenging at median prices.

Rent Affordability

Renters in Tiffin spend approximately 18% of the local median household income ($47,711) on rent. This is well below the 30% threshold, suggesting significant headroom for rent increases. Tenants can afford to pay more, which is bullish for landlords.

Vacancy & Tenant Demand

The vacancy rate in Tiffin is 6.7%. This is a healthy vacancy rate that indicates balanced supply and demand. You should be able to find quality tenants without extended vacancies, though expect normal turnover periods of 2-4 weeks between tenants. Population growth of 0.2% annually provides stable demand.

Gross Rent Multiplier

Tiffin's GRM (price divided by annual rent) is 19.4x. A GRM above 16x means the property is expensive relative to its income. Investors here are typically betting on appreciation rather than current cash flow. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.

Rental Income Projection

At the median rent of $710/mo, a single-family rental in Tiffin generates approximately $8,520 in gross annual income. After accounting for 6.7% vacancy ($571 lost), property taxes of $2,607, insurance (~$660), and maintenance (~$660), the estimated NOI is $4,022 per year, or $335/mo.

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How Tiffin Compares

Tiffin vs Ohio state average and national average across key investment metrics. Tiffin's cap rate is below both benchmarks — deal sourcing is critical here.

Metric
Tiffin
Ohio Avg
National Avg
Cap Rate
2.44%
3.65%
3.81%
Median Price
$165K
$218K
$333K
Median Rent
$710
$1,149
$1,524
Property Tax
1.58%
1.58%
1.08%
Vacancy
6.7%
6.7%
5.6%
Pop. Growth
0.2%/yr
0.2%/yr
0.9%/yr

Nearby Midwest Markets

City
Cap Rate
Price
Rent
Tax
Tiffin, OH
2.4%
$165K
$710
1.58%
Peoria, IL
4.9%
$165K
$1,150
2.1%
Youngstown, OH
4.6%
$165K
$1,050
1.6%
Muncie, IN
5.1%
$165K
$980
0.84%
Richmond, IN
4.1%
$165K
$840
0.84%

Frequently Asked Questions

What is the average rent in Tiffin, OH?
The median monthly rent in Tiffin is $710, or $8,520 per year. This is 53% below the national average of $1,524/mo. Rent levels vary by neighborhood, property condition, and unit size — always verify comparable rents for your target property.
Is Tiffin a good rental market for landlords?
With a rent-to-price ratio of 0.43%, Tiffin falls below the 1% rule, meaning cash flow depends on buying below median or achieving above-median rents. The 6.7% vacancy rate is moderate.
How does Tiffin rent compare to Ohio averages?
Tiffin's median rent of $710/mo is 38% below the Ohio average of $1,149/mo. Home prices at $165K are below the state average of $218K, giving Tiffin a rent-to-price ratio of 0.43% vs 0.53% statewide.
What is a good rent-to-price ratio?
The 1% rule says monthly rent should be at least 1% of purchase price ($1,000/mo rent on a $100,000 home). Tiffin's ratio is 0.43%. Generally, above 0.8% is workable with good financing, above 1% is strong, and above 1.2% is exceptional. The national average across the 300+ cities we track is 0.46%.
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Explore Tiffin & Related Markets

More Tiffin Guides

Rental Property Investment GuideProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

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